In an article published by Bloomberg BNA’s Securities Regulation and Law Report, Ropes & Gray attorneys examine recent trends in securities class action lawsuits filed against issuers based in Latin America and China. The article highlights that together, complaints from these two regions made up more than half of all securities class action lawsuits filed against foreign corporations.
The article considers the reasons why Latin America and China are targets for U.S.-based securities class action litigation. It also provides several important considerations for foreign corporations that are faced with involvement in a securities class action.
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